Office Pride logo

Office Pride Franchise

Audited Financials
Cleaning & JanitorialEst. 1995Palm Harbor, FL
www.officepridefranchise.com

Risk Score

Pending analysis

Investment Range

$11,900 - $133,000

Min Cash Required

$6,500

Total US Locations

145

Business Summary

OFFICE PRIDE® offers single-unit franchises for janitorial service businesses. These businesses sell and perform routine contract cleaning services for a variety of commercial facilities, including office buildings, retail buildings, medical buildings, churches, and other commercial properties. OFFICE PRIDE® franchisees are responsible for securing their own cleaning customers and contracts, negotiating services, and handling customer complaints. However, OFFICE PRIDE® or its affiliates may assist franchisees in securing national or regional accounts.

Corporate History

Faith Franchising Company, LLC was originally formed as Faith Franchising Company, Inc. in July 1995 in Indiana, later converting to a Delaware limited liability company on November 29, 2021. The franchisor conducts business under the OFFICE PRIDE® and OFFICE PRIDE USA® names. Its immediate parent, Office Pride, LLC, started as a sole proprietorship in March 1992 and was incorporated in Indiana in April 1992, then converted to a Delaware LLC in November 2021. OFFICE PRIDE® has been selling and supporting franchises since December 22, 1995. In December 2021, Office Pride, LLC became a wholly-owned subsidiary of OPIFAC, which is controlled by investment funds affiliated with Trivest Partners, L.P., a private equity firm. The company has historically offered area developer franchises, but is not currently offering new ones, though it may renew existing agreements. An affiliate, Office Pride Billing Service LLC (OPBS), provides billing and collection services to franchisees.

Financial Overview

Investment Range

$11,900 - $133,000

Franchise Fee (High)

$45,000

Minimum Cash Required

$6,500

Royalty %

9%

Marketing %

1%

Equipment Costs (Low)

$6,500

Equipment Costs (High)

$11,700

Working Capital

$28,250

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Faith Franchising Company, LLC shows a healthy financial position with consistent positive net income over the past three fiscal years, including $2,432,860 in 2024. The company's cash and cash equivalents have more than doubled from $1,021,013 in 2022 to $2,312,067 in 2024, indicating strong liquidity. The independent auditors issued an unqualified opinion on the financial statements for 2023 and 2024, with no significant concerns noted regarding the company's ability to continue as a going concern. Unaudited financial statements for Q1 2025 also show positive net income.

Financing Details

Faith Franchising Company, LLC does not offer any direct or indirect financing to its franchisees. The franchisor also does not guarantee any franchisee's notes, leases, or other financial obligations.

Performance Metrics

Total US Locations

145

Franchised Units

144

Corporate Units

1

Franchising Since

1995

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew an OFFICE PRIDE® franchise, franchisees must first substantially comply with their current agreement. They must replace any worn-out equipment and uniforms to meet current standards, sign a successor franchise agreement that may have materially different terms and conditions (including different fees and territorial rights), and pay a successor franchise fee equal to 10% of the then-current initial franchise fee. Additionally, franchisees and any designated manager or operating principal must complete any required refresher training and pay associated fees, and they must sign a general release of claims against Faith Franchising Company, LLC.

Training & Support Program

Franchisor Assistance

Before opening, Faith Franchising Company, LLC provides OFFICE PRIDE® franchisees with the right to operate, electronic access to its Methods of Operations manual, and an initial training program. It also offers grand opening support, which may include press releases, vehicle logo packages, sales brochures, and logoed shirts. Ongoing assistance includes telephone consultations, buying advisory services with lists of approved suppliers, and centralized administrative support for accounts receivable, including invoicing and payment collection. Faith Franchising Company, LLC also provides ongoing marketing programs, organizes meetings, seminars, and conventions, and offers additional guidance and support, for which fees may apply. The franchisor's representatives also conduct visits to the business for guidance and support.

Initial Training Hours

92

Training Location

Corporate headquarters in Palm Harbor, FL and franchisee's local market

Ongoing Support

OFFICE PRIDE® provides ongoing support through telephone consultations and buying advisory services, offering lists of approved suppliers. The franchisor or its affiliate manages administrative services, including centralized invoicing and payment collection for customer accounts. Franchisees also benefit from ongoing marketing programs, participate in meetings, seminars, or conventions, and receive additional guidance and assistance, which may incur a fee. Faith Franchising Company, LLC representatives also conduct visits to the franchise business to provide guidance and support.

Franchise Requirements

Ideal Candidate Profile

OFFICE PRIDE® seeks franchisees who are committed to operating their business full-time through a legal entity, with the managing partner or shareholder dedicated to diligently performing all obligations. The franchisor offers incentives for honorably discharged U.S. Armed Forces veterans and first responders (or their spouses). While not explicitly required for new franchisees, the franchisor has specific criteria for converting existing commercial cleaning businesses, including being in operation for at least 2 years with gross billings over $250,000 annually, demonstrating a preference for experienced business owners.

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Hybrid

Owner Participation

full-time

Territory Type

Non-Exclusive

Territory Size Requirements

OFFICE PRIDE® territories are typically defined by a combination of counties, zip codes, and/or a metro area. Each territory is designed to include approximately 30,000 to 45,000 businesses, with the exact number determined using demographic data from internet-based providers. The franchisee's approved business address must be located within their designated market area.

Staffing Notes

OFFICE PRIDE® franchisees are solely responsible for all aspects of their employee management, including hiring, firing, training, scheduling, supervision, and discipline. The franchisor does not require on-premises supervisors and does not dictate specific equity interests for any supervisors. While Faith Franchising Company, LLC provides training and guidance to franchisee workers on delivering approved services in line with system standards, franchisees remain the sole employers and are responsible for ensuring adequate training for their staff.